This page summarizes federal procurement activity for NELNET SERVICING, LLC (CAGE 5JZQ5, UEI MNXKQ62J7AE8) over the last full year. The company’s obligations were concentrated in the Department of Education and mapped to NAICS 522390, Other Activities Related to Credit Intermediation.
Federal Contractor
NELNET SERVICING, LLC Federal Contract Obligations (Last Year)
NELNET SERVICING, LLC received 59 federal award actions totaling $306.46 million in the last full year, all from the Department of Education.
The figures shown reflect the provided analysis window and may differ from other reporting periods or query filters.
CAGE Code
5JZQ5
UEI
MNXKQ62J7AE8
Total Obligated
306.46 million
306,459,710.71
Award Actions
59
Average Action Value
5,194,232.38
About NELNET SERVICING, LLC federal contract activity
NELNET SERVICING, LLC (CAGE 5JZQ5, UEI MNXKQ62J7AE8) recorded 59 awards totaling $306.46 million in the last full year, for an average award value of $5.19 million. The obligation profile is concentrated and reflects a high-value, recurring federal contracting relationship rather than a broad multi-agency footprint.
Agency mix and customer concentration
All observed obligations were awarded by the Department of Education, which accounted for the full $306.46 million and all 59 awards. This indicates complete agency concentration in the review period, with no evidence in the provided data of revenue diversification across other federal departments or independent agencies.
Industry profile based on NAICS activity
All recorded obligations were classified under NAICS 522390, Other Activities Related to Credit Intermediation, matching the vendor’s servicing-related role. The uniform NAICS profile suggests the award set is operationally focused and tied to a single contracting line of business.
Annual contract trend over the analysis window
The annual trend shows $306.46 million obligated in 2025 across 59 awards, with no other years represented in the provided window. Based on the supplied data, the period reads as a single-year snapshot rather than a multi-year trend, so it supports volume and concentration analysis but not growth-rate assessment.
How to interpret this page
This summary uses the provided FPDS Query aggregates for the last full year, including total obligated dollars, award counts, agency totals, NAICS totals, and annual trend values. Conclusions are limited to the supplied data only and do not infer contract scope, performance, or funding purpose beyond the recorded procurement classifications.
Top Agencies
SELECT
agency_id,
agency_name,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
content__award__purchaserInformation__contractingOfficeAgencyID AS agency_id,
anyHeavy(content__award__purchaserInformation__contractingOfficeAgencyID__name) AS agency_name,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode = '5JZQ5'
AND content__award__purchaserInformation__contractingOfficeAgencyID IS NOT NULL
AND content__award__purchaserInformation__contractingOfficeAgencyID != ''
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 1 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY agency_id
)
ORDER BY total_obligated DESC
LIMIT 10| Agency ID | Agency Name | Total Obligated | Readable | Award Actions |
|---|---|---|---|---|
| 9100 | EDUCATION, DEPARTMENT OF | 306,459,710.71 | 306.46 million | 59 |
Insight
NELNET SERVICING, LLC’s obligations in the last full year were fully concentrated in one agency: the Department of Education, which accounted for the entire $306.46 million across 59 awards. This indicates a highly concentrated award profile with no observed distribution across other agencies in the period. The average award value was $5.19 million, suggesting relatively moderate-sized obligations within a single-agency dependency.
Top NAICS
SELECT
naics_code,
naics_name,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
content__award__productOrServiceInformation__principalNAICSCode AS naics_code,
anyHeavy(content__award__productOrServiceInformation__principalNAICSCode__description) AS naics_name,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode = '5JZQ5'
AND content__award__productOrServiceInformation__principalNAICSCode IS NOT NULL
AND content__award__productOrServiceInformation__principalNAICSCode != ''
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 1 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY naics_code
)
ORDER BY total_obligated DESC
LIMIT 10| NAICS Code | Description | Total Obligated | Readable | Award Actions |
|---|---|---|---|---|
| 522390 | OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION | 306,459,710.71 | 306.46 million | 59 |
Insight
During the last full year, NELNET SERVICING, LLC’s obligated dollars were fully concentrated in NAICS 522390, Other Activities Related to Credit Intermediation. The vendor received 59 awards totaling $306.46 million, indicating a highly concentrated award profile with no diversification across additional NAICS codes in this period. The average award value was $5.19 million, suggesting a mix of moderate-value obligations within a single primary NAICS category.
Annual Trend
SELECT
year,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
toYear(parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate)) AS year,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode = '5JZQ5'
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 1 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY year
)
ORDER BY year DESC| Year | Total Obligated | Readable | Award Actions |
|---|---|---|---|
| 2025 | 306,459,710.71 | 306.46 million | 59 |
Insight
Over the last full year, NELNET SERVICING, LLC (CAGE 5JZQ5) received $306.46 million across 59 awards, for an average award value of approximately $5.19 million. The activity is concentrated in a single reported year in the 1-year window, so no intra-period trend can be assessed from the provided data. The award volume suggests a relatively distributed obligation pattern rather than reliance on a small number of very large awards.
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